Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sets New 12-Month High – Here’s What Happened

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s share price reached a new 52-week high on Monday . The company traded as high as $1,402.51 and last traded at $1,402.51, with a volume of 101 shares traded. The stock had previously closed at $1,390.00.

Farmers & Merchants Bancorp Stock Up 3.6%

The firm has a market cap of $1.00 billion, a PE ratio of 10.36 and a beta of 0.45. The company has a 50-day simple moving average of $1,343.90 and a 200-day simple moving average of $1,259.11. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.76 and a quick ratio of 0.76.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its quarterly earnings results on Monday, July 20th. The bank reported $36.39 earnings per share (EPS) for the quarter. The firm had revenue of $62.39 million during the quarter. Farmers & Merchants Bancorp had a return on equity of 14.68% and a net margin of 31.10%.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.